The catalyst for Royal Dutch Shell plc’s future growth will continue to be natural gas, as evidenced by a spat of massive projects in North America and worldwide, CEO Peter Voser affirmed to shareholders last week.
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FERC Looks to New Congress for Clarity on LNG Jurisdiction
Citing the highly public jurisdictional spat between it and the state of California, the Federal Energy Regulatory Commission has called on Congress to modify Section 3 of the Natural Gas Act (NGA) to make “clear and unambiguous” that FERC has exclusive authority over the siting of liquefied natural gas (LNG) import terminals onshore and in state waters, as well as over pipeline facilities that deliver gas from the LNG terminals.
FERC Looks to New Congress for Clarity on LNG Jurisdiction
Citing the highly public jurisdictional spat between it and the state of California, the Federal Energy Regulatory Commission has called on Congress to modify Section 3 of the Natural Gas Act (NGA) to make “clear and unambiguous” that FERC has exclusive authority over the siting of liquefied natural gas (LNG) import terminals onshore and in state waters, as well as over pipeline facilities that deliver gas from the LNG terminals.
PG&E Settles Tax Spat With NEGT Unit; Raises ’05 Guidance
PG&E Corp. on Tuesday said that it has entered into a settlement with its National Energy & Gas Transmission Inc. (NEGT) subsidiary to resolve claims that PG&E is obligated to compensate NEGT for tax savings resulting from the incorporation of losses and deductions related to NEGT or its subsidiaries in the utility’s consolidated federal income tax return.
CA in Another State-Federal Jurisdiction Spat — This Time Over Production Discharges
An association of offshore producers has filed a lawsuit against the California Coastal Commission, asking a federal court to enjoin the agency from its efforts to subject platform operators in federal waters off the California coast to state regulations controlling the discharges of drilling fluids, cuttings and muds and other wastes.
CA in Another Federal-State Jurisdiction Spat — This Time Over Production Discharges
An association of offshore producers has filed a lawsuit against the California Coastal Commission, asking a federal court to enjoin the agency from its efforts to subject platform operators in federal waters off the California coast to state regulations controlling the discharges of drilling fluids, cuttings and muds and other wastes.
ICE Vows to Continue Legal Battle with Nymex, Say Ruling Isn’t a Setback
Bitter rivals IntercontinentalExchange (ICE) and the New York Mercantile Exchange (Nymex) had a public spat last week over a judge’s decision in their legal dispute over ICE’s use of Nymex settlement prices in ICE over-the-counter (OTC) contracts.